Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Strategy. Read the original article for full details.
HTB Launches New Pricing Bands for Semi-Commercial Loans
Hampshire Trust Bank (HTB) has enhanced its Semi-Commercial proposition by introducing a new pricing band for loans between £250,000 and £1 million, with rates starting from 6.64%. The bank has also launched a new 65% loan-to-value (LTV) range, with rates from 6.24%.
According to HTB, these changes provide brokers with greater choice across different loan sizes and LTVs when placing semi-commercial cases. The new pricing options are available immediately across HTB’s Semi-Commercial proposition.
For UK letting agents and inventory clerks, these enhancements may be relevant for clients involved in mixed-use property transactions, as the updated proposition could impact financing options and deal structures.
Source: Mortgage Strategy